DocumentCode
3566599
Title
The problems of the outstanding claims reserve and the IBNR claims reserve - a queuing model method
Author
Liu, Yan ; Tang, Yinghui
Author_Institution
Sch. of Manage., Univ. of Electron. Sci. & Technol., Chengdu, China
Volume
1
fYear
2005
Firstpage
463
Abstract
This paper studies the outstanding claims reserve and the incurred but not reported (INBR) claims reserve by establishing their queueing models. We give the distributions and bounds of the outstanding and IBNR claims reserve. Furthermore, we also give an example.
Keywords
exponential distribution; insurance data processing; queueing theory; IBNR claims reserve; chain ladder method; insurance company; outstanding claims reserve; queuing model method; Companies; Convolution; Data models; Delay estimation; Insurance; Investments; Mathematical model; Mathematics; Probability distribution; Technology management;
fLanguage
English
Publisher
ieee
Conference_Titel
Services Systems and Services Management, 2005. Proceedings of ICSSSM '05. 2005 International Conference on
Print_ISBN
0-7803-8971-9
Type
conf
DOI
10.1109/ICSSSM.2005.1499516
Filename
1499516
Link To Document